Lakers Snub Phil Jackson, Hire Mike D'Antoni As Coach

The late-night move came after a long weekend of negotiations between the team and former coach Phil Jackson.

According to Mike Bresnahan of the LA Times, "Jackson was the overwhelming favorite to return to the Lakers until they heard his informal demands, which included a stake in team ownership."

Ramona Shelburne of ESPN Los Angeles was on Mike & Mike this morning, and said the team chose D'Antoni over Jackson because they felt it would be too difficult for the team to learn Jackson's triangle offense on the fly.

D'Antoni's deal is for three years, $12 million with a fourth-year team option.